The legislature approved Kevin Warsh. The Fed enters a fresh era

Zdjęcie: Foto: REUTERS/Elizabeth Frantz


On Wednesday, May 13, Kevin Warsh was confirmed by the legislature by a narrow majority as the 17th president of the national Reserve. He takes on leadership of the central bank, which has long been under political force from president Donald Trump, as well as an economy shaken by geopolitical tensions that are driving up inflation – CNN reminds.